33 The Grainger North West Side

    33 THE GRAINGER, NORTH WEST SIDE, GATESHEAD, NE8 2BG

    This flat/maisonette leasehold property on North West Side last sold in February 2019 for £123,500. Based on price growth in the NE8 district since then, its estimated current value is £144,255 — placing it in the 11th percentile nationally and the 55th percentile within NE8. The property covers 67 m² (721 sq ft), giving an estimated value of £2,153 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £123,500

    Feb 2019

    Estimated Valuation

    £144,255

    Est. £/sq ft

    £200/sq ft

    £2,153/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area721 sq ft (67 m²)
    EPC dateJul 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    28 Feb 2019

    £123,500

    28 Mar 2008

    £144,000

    5 Jan 2007

    £149,950

    29 Sept 2005

    New build

    £132,000

    Key Metrics

    Estimated valuation£144,255
    Value per sq ft / m²£200/sq ft (£2,153/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile55th percentile
    National percentile11th percentile

    District Context — NE8

    NE8 covers Gateshead and surrounding areas in Tyne and Wear, situated south of the River Tyne in the North East. It is a primarily working-class and lower-middle-income area with a significant rental market and strong community character.

    Average Property Price - NE8

    £157,635

    4

    National percentile

    Average Net Household Income - NE8

    £31,485

    12

    National percentile

    10-Year Annualised Price Growth - NE8

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE8

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